There exists no publication currently available to the scholars that address in detail, every aspect of designing a modern supersonic aircraft for civil aviation. This paper aims to resolve that issue. It reviews all the existing work that has been done on the topic so far and builds upon that. It incorporates multiple disciplines and takes into account the closely inter-coupled effects of each component on one-another. It also analyses in detail the various environmental and modern regulatory challenges like sonic boom and means to overcome them. It further addresses the challenges like logistics, cabin crew radiation exposure, and cost sensitivity. The paper also takes into account the progress trends and proposes possible future enhancements. It also combines multiple approaches like higher-order regression, 3D modeling, simulation, neural networks, and genetic algorithms to predict the best-case values for each parameter and thereby finally proposing an extensive set of rules that when obeyed leads to the design of a supersonic aircraft that abides by all the modern civil aviation needs and regulations.